The Kitakyushu Chamber of Commerce and Industry announced the results of its survey of 700 local companies of the effect of the appreciation of the yen. A total of 17% said that it already has had a negative impact, and another 23% anticipated that it would, accounting for 40% of all the surveyed companies. Meanwhile, 21% said it would have no effect, 26% didn’t know, 8% said it had a positive effect, and 3% expected that it will have a positive effect.
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- High Yen with a Negative Impact on 40% of Kitakyushu Companies